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Friday, April 26, 2024

Chatham home prices fall in June 2019

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The median sale price of a home sold in June 2019 in Chatham, a Chicago neighborhood, fell by $10,750 while total sales increased by 50%, according to BlockShopper.com.

In June 2019, there were 18 homes sold, with a median sale price of $133,500 - a 7.5% decrease over the $144,250 median sale price for the same period of the previous year. There were 12 homes sold in Chatham in June 2018.

The median sales tax in Chatham for the most recent year with available data, 2018, was $2,182, approximately 1.6% of the median home sale price for June 2019.

The following table compares Chatham to other Chicago neighborhood with similar median sales prices in June 2019:

NeighborhoodJune 2019 Home SalesJune 2018 Home Sales% change (Total Home Sales)June 2019 Median Sales PriceJune 2018 Median Sales Price% change (Median Sales Price)
Gage Park161233.3%$157,500$167,500-6%
Rogers Park5168-25%$156,000$198,500-21.4%
Hegewisch111010%$153,000$134,50013.8%
Gresham5666-15.2%$149,000$72,750104.8%
Brainerd3335-5.7%$146,000$82,00078%
Chatham181250%$133,500$144,250-7.5%
West Garfield Park1419-26.3%$132,500$90,00047.2%
West Hometown47-42.9%$128,750$146,500-12.1%
Oakland412-66.7%$123,750$196,000-36.9%
Washington Park141127.3%$121,000$146,000-17.1%
Roseland/Pullman51494.1%$117,500$64,00083.6%

ORGANIZATIONS IN THIS STORY

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